STXE 600 INDUS GD EUR (PRICE) - 1H - Technical analysis published on 02/03/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 698.07 EUR
My targets
729.44 EUR (+2.20%)
740.61 EUR (+3.76%)
My analysis
The bullish trend is currently very strong on STXE 600 INDUS GD EUR (PRICE). As long as the price remains above the support at 698.07 EUR, you could try to benefit from the boom. The first bullish objective is located at 729.44 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 740.61 EUR as an objective. Crossing it would then enable buyers to target 814.36 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STXE 600 INDUS GD EUR (PRICE) price is 713.75 EUR. The price registered a decrease of -0.01% on the session and was traded between 705.08 EUR and 713.75 EUR over the period. The price is currently at +1.23% from its lowest and 0% from its highest.705.08
713.75
713.75
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by STXE 600 INDUS GD EUR (PRICE):
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this STXE 600 INDUS GD EUR (PRICE) chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 670.93 | 684.93 | 698.07 | 713.75 | 729.44 | 814.36 |
| Change (%) | -6.00% | -4.04% | -2.20% | - | +2.20% | +14.10% |
| Change | -42.82 | -28.82 | -15.68 | - | +15.69 | +100.61 |
| Level | Major | Intermediate | Intermediate | - | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 685.79 | 691.40 | 702.62 | 708.23 | 719.45 | 725.06 | 736.28 |
| Camarilla | 709.21 | 710.76 | 712.30 | 713.84 | 715.38 | 716.93 | 718.47 |
| Woodie | 688.60 | 692.80 | 705.43 | 709.63 | 722.26 | 726.46 | 739.09 |
| Fibonacci | 691.40 | 697.83 | 701.80 | 708.23 | 714.66 | 718.63 | 725.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 675.74 | 680.33 | 687.40 | 691.99 | 699.06 | 703.65 | 710.72 |
| Camarilla | 691.25 | 692.32 | 693.39 | 694.46 | 695.53 | 696.60 | 697.67 |
| Woodie | 676.97 | 680.95 | 688.63 | 692.61 | 700.29 | 704.27 | 711.95 |
| Fibonacci | 680.33 | 684.79 | 687.54 | 691.99 | 696.45 | 699.20 | 703.65 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 585.45 | 611.79 | 649.86 | 676.20 | 714.27 | 740.61 | 778.68 |
| Camarilla | 670.22 | 676.12 | 682.03 | 687.93 | 693.83 | 699.74 | 705.64 |
| Woodie | 591.32 | 614.72 | 655.73 | 679.13 | 720.14 | 743.54 | 784.55 |
| Fibonacci | 611.79 | 636.40 | 651.60 | 676.20 | 700.81 | 716.01 | 740.61 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.41 | |
| MACD (12,26,9): | 4.3400 | |
| Directional Movement: | 8.27 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 710.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 713.67 | |
| Elder Ray (13): | 0.51 | |
| Super Trend (3,10): | 702.70 | |
| Zig ZAG (10): | 709.25 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 67.29 | |
| TEMA (21): | 712.32 | |
| Williams %R (14): | -27.95 | |
| Chande Momentum Oscillator (20): | 8.24 | |
| Repulse (5,40,3): | 0.4900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 3.04 |
| MA7: | 697.61 | |
| MA20: | 688.96 | |
| MA50: | 668.22 | |
| MA100: | 637.83 | |
| MAexp7: | 708.88 | |
| MAexp20: | 704.88 | |
| MAexp50: | 698.82 | |
| MAexp100: | 693.29 | |
| Price / MA7: | +2.31% | |
| Price / MA20: | +3.60% | |
| Price / MA50: | +6.81% | |
| Price / MA100: | +11.90% | |
| Price / MAexp7: | +0.69% | |
| Price / MAexp20: | +1.26% | |
| Price / MAexp50: | +2.14% | |
| Price / MAexp100: | +2.95% |
Quotes :
-
15 min delayed data
-
STOXX Indices
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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